CopperCom gets $65 million in round six
Telecommunications equipment provider CopperCom said Monday it received $65 million toward its sixth round of funding. The Boca Raton, Fla.-based company hopes to raise upwards of $90 million for the round. Advent International and Technology Crossover Ventures led the round. Advanced Technology Ventures, AT&T Ventures, Cross Atlantic Ventures, Focus Ventures, Granite Ventures, JK&B Capital, Morgan Stanley Dean Witter Venture Partners, Patricof & Co. and Van Wagoner Capital Management also contributed. CopperCom's equipment is targeted at local exchange carriers that want to offer service providers the ability to carry voice over their old systems and voice and data networks. The company has raised a total of $220 million with this latest round. See complete list.
The Boca Raton, Fla.-based company hopes to raise upwards of $90 million for the round. Advent International and Technology Crossover Ventures led the round. Advanced Technology Ventures, AT&T Ventures, Cross Atlantic Ventures, Focus Ventures, Granite Ventures, JK&B Capital, Morgan Stanley Dean Witter Venture Partners, Patricof & Co. and Van Wagoner Capital Management also contributed. CopperCom's equipment is targeted at local exchange carriers that want to offer service providers the ability to carry voice over their old systems and voice and data networks. The company has raised a total of $220 million with this latest round.
See complete list.